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A proposed sketch of the Lawrenceburg Con- vention Center at the corner of High and Walnut streets. City of Lawrenceburg |
(Lawrenceburg, Ind.) - A new convention center is closer than ever for the City of Lawrenceburg.
The Cincinnati Enquirer reports the city and Hollywood Casino owner Penn National Gaming have agreed to terms on building a $49 million entertainment center, hotel, and concert venue in the lot at the corner of High and Walnut streets. The center would host musical acts and conventions for the casino.
City and casino officials have been meeting each week for the past month to work out details on the project.
Ground could be broken later this year with construction lasting about 14 months Mayor Bill Cunningham told the newspaper. When complete, the center would be owned by Penn National.
The city is contributing $25 million in grants towards the project, as well as lending Penn National $14 million payable over 20 years at four percent interest.
More meetings about the project have been scheduled for this month with Lawrenceburg City Council members, the Board of Works, and Hollywood Casino officials. The work sessions will each be held at City Hall at 4:30 p.m. on July 5, 12, 19, and 26.
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